Infinite cycles of poverty fiction

A typical belief among the world's foreign aid agencies is there's a "vicious cycle of poverty" that makes economic development virtually impossible for the world's poor nations. This idea holds that poor countries are poor because income is so low savings cannot be generated to provide the kind of capital accumulation necessary for economic growth.

Poverty is mostly self-inflicted — indigenously created. What are some of the most commonly held characteristics of the non-poor world? In non-poor countries, people tend to have greater personal liberty, property rights are protected, contracts are enforced, there's rule of law and there's a market-oriented economic system rather than a socialistic one.

One would of course be hard pressed to explain this concept to the liberal left and the eco-fascist who are intent on destroying property rights through the endangered species protection laws, environmental protection laws and property tax laws.

China is intent on killing the goose that laid the golden egg in Hong Kong. China’s government has been slowly tightening the noose around Hong Kong’s throat since taking over control from Great Britain. Personal liberty in Hong Kong will soon be a thing of the past. Now laws in Hong Kong will soon make it illegal to demonstrate against the Chinese government. Soon it will be illegal for Hong Kong’s newspapers to write criticism of China’s government. Soon Hong Kong’s wealth will be a thing of the past because anyone in Hong Kong with wealth or creativity will leave if they can or stagnate in despair if they can’t.

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